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20121201
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Search Results 0 to 36 of about 37 (some duplicates have been removed)
. >>> the saturated ground gave way yesterday forcing cal trans to cover a five mile stretch. a detour is also in place on ford rally road because of flooding. now you caught some people driving through and others were turned around. >> i am not going to take a chance to ruin the car and you know it happens every year and everybody here is used to it. >> cal trans will be in effect until further notice. >>> downed trees were cut down around the area and in mill valley a fallen tree took down power lines. in san francisco's neighborhoods a tree came down and one homeowner said the tree came within a couple of feet from his head. >>> there is a series of weakened storms and plastic paper is hanging to avert water away. the damage to the paintings were averted this time and they are, woulding on ceiling off the rain from getting in by the end of the month. >>> let's go in for tara, how is traffic looking so far? >> up on the roadways, no major incidents to report. if you look we can show you the amounts we had yesterday, so you can see folks are a driving towards the westbound area as you make yo
are at odds with cal tran over a street bridge. >>> depending on your point of view it's a symbol of ever lasting love -- they have hung padlocks. it started with a couple celebrating their 30th anniversary in august i should say. they got the idea of seeing similar landmarks locked up by lovers around the world. there is a sign that says cal tran owns the bridge and will remove the locks on february 1st. some hope to convince cal tran to keep the locks of love up. >>> time when people were mourning the horrible sandy hook shooting one woman took advantage setting up a charity scam. 37-year-old noel alba set up an internet scam claiming to be the aunt of little six-year-old noah pozner a victim of the shooting. she advertised on facebook saying a funeral fund was open to donors. all of the money was refunded to the donors. the mother of two teens denies opening the fund and says someone hacked her facebook page. she faces up to five years in jail to lying for federal agents. >>> if president obama and congress are not able to end the fiscal cliff people here will be hard hit. prop 30 vot
hill. >>> romantics at odds with cal trans. why those locks of love are scheduled to come down. >>> mom started crying. dad started crying. we're all hugging. it was great. >>> >> and a baby who just couldn't wait any longer. the roadside delivery some paramedics are being applauded for this morning. >>> you can wake up with ktvu every morning. >> get the morning top stories sent to your cell phone every weekday morning at 6:00 a.m.. you can get the wake up call by texting wakeup to 70123. >>> depending on your point of view it's a symbol of every lasting love or vandalism. about 25 couples have hung padlocks on the main street bridge. it started with a couple celebrating their 30th anniversary in august. they got the idea at a similar landmark locked up by lovers around the world. >> i think it's charming i love it. it's a cute little thing people have done. >> it's very sweet. i think we need more not less. >> there is a sign that says cal trans owns that bridge and is going to remove the locks on february 1st but some couples hope to convince cal tran and the town of los gatos to kee
this weekend's heavy rain. another storm is expected to pass through our area tonight and tomorrow and cal trans is supposed to get that work done before more rainy weather hits. and they are expected to open in february of next year. the opening date has been pushed back twice and initially it was to open about a year ago and now the new opening date is for early 2013. but this erosion abatement work is supposed to last throughout the afternoon out to the north portal bridge area at devils slide is expected to work until 3:00 this afternoon. allie rasmus, ktvu channel 2 morning news. >>> we will have more on what oakland police will tell us about the arrest made in the beating and rape of an autistic girl. the 16-year-old girl left the fred finch center and they followed her to the bart station but lost sight of her. she was found two days later on a muni bus in san francisco. family members say she was badly beaten and assaulted. >> if he is the one who did the crime i will make sure this man spends the rest of his life in prison. >> they will be holding a news conference about this case
. >>> and on interstate 880, the big difference is you can see the roadway and they are expecting dry conditions and cal train says there is no restrictions on interstate 880, however it is a much different situation over the last few days. people who had to travel into higher elevations got a white christmas and there were lots of backups. drivers had to wait at a near standstill but once you get up there it is all worth it. >> yes, 6:49 let's go to tara, she is following action going on in the east bay. >>> the off ramp is closed down for a few minutes, possibly longer and this is due to an overturned car. we will let you know how it is impacting traffic. you can see traffic is sluggish but still moving. and as you work towards the caldecott tunnel traffic is going well all morning long. and traffic is also flowing nicely on the right-hand side towards foster city and on the opposite side towards hayward. >>> it is beautiful looking out towards the bay and it is overcast but there are breaks in the overcast and we will be trending in that direction and the cloud deck will gradually thin out. temperatu
with flat tires after hitting that pothole. cal tran sent a crew out to repair the road. >>> overnight news a man is behind bars after leading officers on a high speed chase from san jose to the streets of oakland. the chp says the driver got on to interstate 880 toward oakland after failing to stop for a traffic violation. the chase lasted for several hours before the driver got off the freeway and stopped by spike strips near mountain view cemetery in piedmont. >>> all lanes have reopened on highway 580 in richmond. that is following a fatal accident. the chp says the pedestrian was hit and killed around 8:30 last night on westbound 580. authorities still looking into why the person was walking on the freeway. the big rig driver is cooperating. >>> two hours from now, the supreme court may announce whether it will reveal proposition 8. california's ban on same sex marriages. they met behind closed doors on friday. but prop 8 was not on the list. the court is set to release a number of cases at 6:30 this morning. and if the justices decline to review prop 8 that will let stand an appeals c
san jose by 2018. >>> cal train hopes today's rain won't do any damage. yesterday crews shored up a portion of devils slide that was damaged by this past weekends storm. traffic along highway 1 was reduced to one lane for much of the day. in santa cruz county vine hill road could partially reopen. heavy rains washed away part of the roadway. county crews say the restoration is a top priority because vein hill road is a crucial connector. >>> 4:47 is the time right now. let's go back over to tara. what are you keeping an eye on? >> there is an accident that popped up in oakland. i would like to take a look at the maps. here we do. let's take look at the maps. there you see it. okay. this is on 580 westbound. we have two lanes blocked right here. doesn't seem it's causing much of a backup here. i don't see too many slow speeds. that is the good news. we do have a couple fender benders at the bridge. be aware of that if you need to take the bridge this morning. if we take a live look at the bay bridge toll plaza it is raining out there. i just got a text from michelle. she says it's
notes left behind by the nurse who committed suicide. >>> cal osha is investigating the death of a worker. the 47-year-old man fell to his death from a second story roof. the accident happened at 4:30 yesterday afternoon. doctors say it appears the work earn hit his head. he was rushed to a hospital where he died a few hours later. >>> today more information could be released surrounding the suspicious death of a homeless woman in san jose. the woman was found dead in a creek yesterday morning. he was a drug addict and suspect foul play. it comes at a time when san jose is experiencing an increase in homeless related deaths. >> we did have a decline in the number of deaths from the previous year but despite that we are still losing people to homelessness. that's what this woman's death symbolizes me. >>> alameda and solano counties will be among the biggest winners when a walgreens pays a $6 million fine. inspections around the state found walgreens routinely sent hazardous waste and medical records to the landfills. the company is not admitting any wrong doing saying it settl
from cal hollow. >> really? >> well i love getting information from the city. all the little neighborhoods. always tweet me sp weather if it's raining or cloudy. we have a system coming in. very weak system. again it's just going to go parallel to the coast. it will give us a lot of cloud cover and very little rain. in fact, those near the coast i think most will stay offshore. in this kind of pattern it looks good. but we can still see read starting to pick up. there could be a little bit postal areas. but again these systems when they split and when the low goes parallel to the coast it's really, really tough to generate rain. 30s on the temps. you can see i just think the cloud cover will stop cooling of the atmosphere now. still though a lot of that cold air is trapped. so it's going to be a tough day to warm up past upper 40s or low 50s. our system is splitting. you can see as it comes in watch as it backs off. that all take a lot of that rain away from us. that close. it's that close. cloudy, cool. light rain very, very chilly hay temps today. in fact, i don't think the
clinched a spot in the nfc wilson's touchdowns put him cal's lynch added 111 yards rushing and a 24-yard td run sherman returned a block interception for the kaepernick and the 49ers noise echoing around for a miserable 49th birthday for 49ers coach jim harbaugh. congress sunday on reaching talks resume to try and the megayacht that steve after a payment disputethe venus, a $137.5 million, 260-foot-long yacht, made october. it's currently stuck in the port of amsterdam after the designer, philippe starck agency to attempt to remit the final payment for his design. according to lawyers at starck's design company, the designer has only received 6 million of the 9-million- euro commission and is payment before the venus will be released. as santa prepares to make his big journey. kids and adults all over the world can track his progress onbut that's not the only place people can go to see one of our viewers. as rain poured into a hillsdale mall parking lot. you can see it rushing down to partially flood. in the south bay. ther were reports of sporadic flooding all around pounded the area. news
from 8:00 tonight until 6:00 tomorrow morning. cal tran free after 11:00. bart also offering extended service until 3:00 in the morning. definitely don't drink and drive you have no excuse. let's take a look at highway 4. you can see the headlights are westbound traffic toward concord and up to 680. we have quite a bit more folks on the roadways. we don't have any delays to speak of and we don't expect the metering lights to go on. 680 near the sunol grade you can see traffic there looking good. 6:09. steve. >>> tara. >> you have any words you want to band for 2013? >> no. but right now you're trending. >> i don't know what that means. >> you're popular. mostly fair. a cold morning. i think about the same tomorrow. the pattern is changing. after a very, very active november-december rain wise cold. it looks like we are going quiet for awhile. maybe the first couple weeks of january. there is really not much in the way of rain. part goes south. part goes north. although every system including last friday night and saturday morning did produce rain. 29 santa rosa. 49 oakland. 43 san fra
-- repair work is expected to get underway but cal tran says the stretch of highway -- the stretch of the highway will remain closed until it is repaired. >>> vine mill at 17 it -- vinehill at 17 is back ohm. homeowners are discuss -- is back open. homeowners are discussing bond measures to help keep roads better maintained. stay with us. you can get up-to-the-minute information by downloading the ktvu app or go to ktvu.com and look fogger stormwatch -- and look for the stormwatch tag. >>> hamid karzai, criticizing the united states during an interview with nbc news. president karzai blamed u.s. and nato forces for some of the insecurity in his country. he says he doesn't like the act that hundreds of prisoners are still being helled from the country and he signed that back in march with the president obama. he says he will not sign any more agreements with the u.s. until those prisoners are transferred. >>> well, the fiscal cliff is looming unless congress takes action to avoid it. coming up at 7:15, the number of california defense department jobs that could be lost if automatic
's heavy rain. another storm is expected to pass through our area and cal trans is supposed to get that work done before the storm hits. they are scheduled to open in february of next year and its opening has been delayed at least a few times. initially it was supposed to open a year ago and then they said it would open this month and now it is 2013 when it is supposed to be complete. it is supposed to be completed and hopefully they will get it done. these one way traffic controls all the way out to the northport tall bridge area, they will be in effect until 3:00 this afternoon. ktvu channel 2 morning news allie rasmus. >>> the rain led to this huge sinkhole in lafayette. the shine of generator lights filled the neighborhood as crews made temporary repairs to mountain drive. rushing creek water damaged the road and some utility lines and some people what live there are affected. >> this is very much expected and we are grateful the city is on it and things are happening. -- things are happening. >> now the road is not expected to be fixed until at least next spring. >> oakland po
overnight causing slides which forced the closure of highway 16 in some areas. cal trans says the road will remain closed until tomorrow. coming up at 11:35, the other problems on the road drivers faced today. you won't believe what happened. >>> new tonight, a marin county school will be closed because of flooding. officials at white hill middle school say the campus experienced significant flooding because of today's storm. part of the library is even covered in mud. campus officials hope to clean up the mess left behind tomorrow and reopen the campus on tuesday. >>> viewers have been sending in storm pictures all date. check out this one of a mudslide blocking traffic. the road has since been cleared. here is the tunneled in berkeley flooded over with drain water. if you took any good weather photos today we want to see them. e-mail them to you report at kgo-tv.com. for those cleaning up, they don't have a lot of time before we get more rain. >> we really do want to thank you for sending in all of the video and all of the pictures. it gives us a good sense of how much the storm syst
the canyon overnight causing slides which forced the closure of highway 16 in some areas. cal trans says the road will remain closed until tomorrow. coming up at 11:35, the other problems on the road drivers faced today. you won't believe what happened. >>> new tonight, a marin county school will be closed because of flooding. officials at white hill middle school say the campus experienced significant flooding because of today's storm. part of the library is even covered in mud. campus officials hope to clean up the mess left behind tomorrow and reopen the campus on tuesday. >>> viewers have been sending in storm pictures all date. check out this one of a mudslide blocking traffic. the road has since been cleared. here is the tunneled in berkeley flooded over with drain water. if you took any good weather photos today we want to see them. e-mail them to you report at kgo-tv.com. for those cleaning up, they don't have a lot of time before we get more rain. >> we really do want to thank you for sending in all of the video and all of the pictures. it gives us a good sense of how much the s
control on black ice. they crashed near the anderson grade. now cal fire says the roads were extremely icy at the time. so they shut down the roads so that crews could take people to the hospital. >>> back here at home and happening now in san francisco a lot of people right now people in need they are outside in the cold lining up looking for some holiday cheer in the form of extra food. these are live pictures. san francisco's glide memorial church we're out there with them as well. in less than an hour from right now, these folks will receive free food and other holiday cheer by way of glide memorial church. coming up at 7:00 ktvu brian flores is out there as well. he will bring us a live update on everything that is happening there. >>> classes will resume this morning at san jose city college. that is following a campus lock down. investigators say a man called police at about 4:00 yesterday afternoon. claiming that someone had a gun at the technology building. students were evacuated at about 5:00. expect for the technology building. where students there had to be padded down before
the anderson grade. that is outside of yreka. that was last night. cal fire says the roads were extremely icy at the time. 16 people were injured. seven had to be taken to the hospital. >>> 5:36. san jose city college will hold classes today following yesterday's campus lock down. investigators say a man called police yesterday afternoon claiming someone had a gun at the technology building. students were evacuated about 5:00 p.m. expect for the technology building. that is where students were searched before they were allowed to leave. >> i don't think you can ever call this an over reaction. any time we receive a possible threat on campus, we have to take it seriously. >> now the last students were allowed to leave that technology building about 8:00 last night. this all happened in the middle of finals week on the campus. some of the students who had just graduated from the emergency medical technician program well their ceremony was cut short. >> took awhile. but took them awhile to get to us. because we were on the fifth floor. we did eventually get out safely. for >> in another part of
of republicans who realize that this next year is going to be really big. the law gist cal challenges that the obama administration will face in setting this up almost guarantees there is going to be convulsion and all kinds of problems. i think republicans see this as an opportunities to maybe point out some of the things they have been warning about. unfortunately the americans are going to have to experience it firsthand. >> not only are they going to witness it firsthand, what you are seeing here, franklin roosevelt created the regulatory state in the united states. it is this big social program that has gone forward. barack obama is the heir to the roosevelt legacy. and honestly, paul, if you what we are talking about, i think we are beginning to see the implosion of the administrative state. it is simply collapsing under its shear and unsupportable weight. it is going to be ugly and it will begin with obamacare. >> and joe, the i'm plaw men station you are -- the implementation is not going well. >> b no, it isn't. ithi is essentially a catastrophe. >> even democratic governors
. we have the executive director of brewster cal. great to have you back on the show. what do you think of this plan? >> well, you know, the comedian lewis ck does a routine when we're flying, we all should be saying can you believe it, we're flying? the miracle of human flight. melissa: that is not how it goes. that is not how it goes. we all get nickelld and dime and furious. is it a marketing scheme or do you think, because that's your expertise? or do you think this is the new frontier and this is how it will go from this way forward? >> i think it will go from this way forward if it works. kudos to american airlines. my dad was in the air force. when i was a kid we had to dress up to fly. melissa: yeah. >> the romance of flight is over. the glamour is gone. america knows, let's give people what they want and some people hate being nickeled and dimed to death. pay for a drink. pay for to you carry your bags on. pay for you not to carry your bags on. pay to change your flight. you pay once. a lot of people will like that. melissa: i had to break down the numbers to see what they were
got put through the metaphor cal meat grinder. it was horrible. falling from $17 to $4. as the company came into 2012 the ball was set very low. when the expectations are that low, even lousy results can take the stock hire as long as they aren't downright pitiful. last year sales nowhere near good. but in line with the street's expectations and not absolutely hard which was good enough to give the stock some lift at these levels. even though max has rallied this year, it climbed from $17. it still has a way to go before it's back to even. when you look at it in that context, this rally doesn't seem insane. office max has been trying to get its house in order. it announced it was reinstating its two cent per share quarterly dividend. not much. the stock yields about 1%. it also told us it was conducting a comprehensive capital allocation review. designed to simplify its balance sheet. a couple of important elements here. office max got caught up in the terrible lehman bankruptcy. they had bonds backed by lehman connected to timber assets. the courts resolved this in september. office m
this thing about abraham lincoln if congressman fleming had kept his store cal analysis focused exclusively on the period beginning with the 1913 constitutional amendment allowing for income taxation but he had to go and mention abraham lincoln. as republicans love to do, republicans love to mention abraham lincoln, because abraham lincoln was a republican and because 21st first century republicans know that abraham lincoln is the only republican that many americans admire. abraham lincoln is also the only republican president, indeed the only president who has ever gotten a republican house of representatives to raise income taxes. republicans didn't just establish the very first income tax as i just described under president lincoln. two years later, they raised the rates. they doubled the top tax rate from 5% to 10%. that's back when republicans were responsible. 150 years ago. the last time a republican house of representatives won a war was the civil war. they couldn't have done it without raising income taxes. in that 1913 constitutional amendment that finally and forever cemented con
't thanksgiving just a couple weeks ago? >> it was. let me check michael ichaey cal. you see rank and file members of congress leaving the capitol. they are done for the week. they're headed back loam to their hometown districts. a lot of folks focused on this negotiation right now but the reality is that the negotiations are taking place among just a very few, very high level people. i was talking to a few rank and file members yesterday who said they were frustrated there is not a whole lot for them to do, they are just sitting around here waiting for some break-through in these negotiations. they want something to do on the floor, in their offices and there is not much for them to sink their teeth into. now they're going into their district. leadership is going to stay here and continue these negotiations. speaking of wasting, speaker of the house john boehner came out earlier today to say he's waiting, too, on a response from the white house to his proposal. take a listen. >> we need a response from the white house. we can't sit here and negotiate with ourselves. our targets and framework are
gain. 11 states in a so culled de-cal spiral. and makers versus the takers. the man who wrote the article, why states are going broke and who is going to pay. ♪ jingle bell, jingle bell rock ♪ ♪ snowing and glowing a bushel of fun ♪ ♪ now the jingle hop has begun ♪ ♪ jingle bell rock, jingle bell time ♪ [ male announcer ] at scottrade, you won't just find us online, you'll also find us in perso with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you kno becau personal service starts with a real person. rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. ♪ [ male announcer ] they are a glowing example of what it means toe the best. and at this special time of year, they shine even brighter come to the winter event and get the mercedes-benz y've always wished for, now for an exceptional price. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 glk350 for $399 a month
they are investing in these stocks. >> david, you mentioned some of the pension funds. calpercent calpercent -- cal pers is one of them. >> and leaders in this. >> and who do they sell them to. looking at what happened to the value of some of these companies, there's discussion it's a foreign buyer. >> in the current environment, although economics will tell you there's always a price for something, you can discount it to a certain extent as a result of the political environment. that being said, there have been no laws at this point passed in any way, shape or form in terms of -- >> no guarantee there will be one. >> no. >> a leg up on what to expect this trading day. that is next. and later, getting into holiday spirits with a company known for absolute and we'll talk with brian frey. take a look at futures one more time. hopes for a deal on the fiscal cliff. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service
product. so with the judge making findings regarding each one of those types of patents, the damages cal could you slags different it for each one of those. if only one is left standing, you would use a different damages calculation. so the judge is trying to reverse engineer to find out how the jury arrived at its damages findings. >> samsung is trying to get a new trial to be held. is there any hope in that? >> that's sort of the hail mary pass, if you will. if they can succeed with that argument, yes, it could potentially wipe out the entire judgment. but conventional wisdom, it's an uphill battle. >> whatever her decision is, how whether it shape the rest of the case? because presumably they'll keep fighting, it will go to appeals and who knows, might go all the way to the supreme court. what will her decision mean for the rest of the journey of this battle? >> you're right, we can anticipate that it will go up on appeal. i think the dollar amount that we're talking about, if there is ever going to be any settlement discussions, what the dollar amount is where the parties will be wor
. california's superintendent expects new talks about metal detectors as well as cal raw systems, fences and -- camera systems and fences and guards. the archdiocese for private catholic schools hat noes called for action but security has been a -- has not yet called for action but security has been the talk for a few days. ant this school has put up -- and this school has put up gates and spaces. >> there's mass words that you need to get in. and we try to have wooden doors where the people would try to shot and come in. our number one job besides teeing our students is -- teaching our students is that they learn and that they are safe and they know they are love. >> reporter: awareness and training, they say, may have saved lives in connecticut. after columbine, schools started to do drills. officials say you can expect those drills to increase. that's it from here. live in san francisco, i'm tara moriarty, ktvu channel 2 news. >> thank you, tara. >>> it's 8:03. on sunday, yesterday, president obama and more than 2,000 people gathered to honor victims and first responders in newtown. [
after 11:00 tonight. cal -- caltrain and sam trans. the last line leaves san francisco at 2:15 this morning. in san jose, the vta rides will be free at 7:00 -- 7:00 p.m. on b.a.r.t., you will have to pay for your ticket. use a clippard card or buy a pass ahead of time. trains on b.a.r.t. will run late tonight until 3:00 a.m. but in order to avoid congestion, trains will not be stopping at the san francisco stations. the stations will only stop at the montgomery stations. daly city will stop at all san francisco stations. if you are coming to and from the east bay, you want to make sure you are at the right station so that you can get home tonight. so there are a lot of options for people who want to come to this city to celebrate new year's eve but do not want to take their cars with them. it's a good idea to leave your car at home so you can enjoy all of those new year eve toast -- new year's eve's coasts. >>> there was a security breach at palm springs international airport yesterday. that caused a one-hour delay in flights and operations. it happened in the afternoon afte
it down on sunday and cal trans has been rushing to make repairs. crews have one lane briefly open right now. they do that to let traffic through and then have to close it back down. another round of openings is scheduled for noon and then four. there is no word yet on when the roadway will reopen. >>> a water main break prompted city officials to turn off water service to nearly 400 homes. it happened early yesterday morning causing waist deep flooding in several areas. the water main break also created a sink hole that trapped a city bus. the driver escaped unhurt. o accept side officials say water service was restored last night. >> paying for parking in san francisco is a breeze compared to price prices in chicago. meter also be charging $6.50 an hour. that's up from $5.75 an hour. >> if you are headed up to tahoe or thinking about it we have information about the roadways. >> that's right. a viewer said that traffic is pretty bad in the tahoe area. chains aren't required on i-80 but the roads are icely in spots and slick. chains are required on all other mountainous roads. brin
for some parental guidance. he joins us live next. >> gretchen: first, let's check in with martha mccal lull for what's coming up at the top of the hour. good morning, martha. >> hey there, good morning. as you have been talking about, it is a very big day in michigan. crowds are now amosing in the state capitol to protest the right to work vote that's happening this morning. we'll talk to the man who crafted that bill on what's being called a turning point for unions. and ge's ceo says they're doing something right in china. why his comments have everybody talking about that today. and her movie "zero dark 30" takes a hard look at the bin laden raid. but critics are speaking out. katherine bigelow responds. we will see you here in "america's news room" at the top of the hour. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management ♪ [ laughter ] >>
and then a talk about innovation and the u.s. economy. >> tomorrow on washington journal your cals and reaction to the shooting in connecticut. followed by a discussion about how states with strong defense industries are bracing for sequestration. the scheduled january across the board cuts affecting federal agencies and departments. our guest is juana summers, and later advice for preparing 2012 federal taxes and a look at new taxes taking effect in 2013. kipling gary editorial director kevin mcconnell is our guest. washington journal with your calls, 2003s and e-mails, live at 7:00 eastern on c-span. >> tomorrow, a draft constitution by egyptian president muhammad morsi that would expand his decisionmaking powers is up for a vote. the vote has brought protests. next we'll talk about developmentness the country and security throughout the region with an expert on the muslim brotherhood and a former israeli ambassador to egypt. this is an hour and a half. >> looking at the political competition within egyptian society, what is likely to be the outcome not just of the referendum but the next ste
. >> reporter: the cal tech-trained geologist bought the town for $200,000 and has spent more than 25 years and $1 million to restore it, installing solar panels to power the whole town, erecting eco-cabins based on designs by frank lloyd wright and setting up wi-fi for all residents. and now this mojave town is experiencing a mini boom, getting visitor from all over. >> people from the u.k., from tokyo, from australia, france, i was amazed when i came to work here how many people from other countries come to visit our little town. >> reporter: and their little town's population has now blossomed to 60 residents as clean tech job seekers stream into the area to see the solar installations and more rare earth mining which is being expanded in the nearby hills. >> it's terrific for me because it's sort of like i'm realizing my dream. and doing something i really like doing that is turning into a business success. >> reporter: and the nickname of this little town is nipton powered by the sun, and another unique fact is it's only one of two towns in the entire country that's owned by a private
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aisle. it's about walmart and the mechanics cal can business that was aggressive and creative and a corrupter offering large payoffs to get what the law otherwise prohibited. the times reports that the retailer wanted to build a store in an alfalfa field in a town's main entrance which was barely a mile from some ancient pyramids. the town's elected leaders had prevented the new zoning map that would have prevented it. walmart officials decided to undo the damage by a well played bribe and the guy drawing the map drew it a little differently. >> that's exactly what happened. they found the old map and the new map. they found a disk in a shoe box showing the differences. it was incredible. >> the zoning map would not become law until it was published in a government newspaper, so walmart reportedly arranged to bribe an official to change the map before it was sent to the newspaper. walmart issued a statement saying the allegations are part of that company's ongoing investigation of the last "new york times" piece. >> that wasn't a denial. >> no. but we knew about this. and then
.e.c. chairman harry pitt. the current ceo of cal rama partners. this deal is a little bit different, correct? this one might past with muster? >> yes, i think this one has a fairly high percentage of likelihood of passing. doesn't raise the same problems because of the antitrust issues that really defeated the last several efforts. >> but the interesting part here is what it really says about equities trading and how that business has really changed drastically over the last decade or so. >> it does. and also what's happened to the new york stock exchange, which has effectively become a wasting asset. it's kind of sad to see what was once the premiere exchange in the world now selling for what is a relatively low price compared to historic value. but it does mean that equity trading is not the wave of the profitable future. that really belongs to derivatives and futures. >> is this just something that happened because of what's come about with the machines? the rise of the machines, fewer people on the floor, how margins have been compressed? is this something you could have seen happening t
with the boston symphony and we get a lot of classic cal music in the house. we have 11-year-old twin boys and they have their preferences, maybe it's because they're playing most of the popular music i'm hearing in the house i have such a negative take on it. >> do you have an i pod? >> no an ipad. >> do you listen to music on there? >> no i listen on cd and vinyl. >> they have said taylor swift is named after you. what do you think of her music? >> i like her music. and i like the name too. i do think she is a creative singer song writer. she's a remarkable marketing phenomenon and if she can survive that. and it's a hard thing to survive i think. but she seems to have a very clear head on her shoulders and i think if anyone can, she can make it through and continue to evolve as an artist because it's sort of the marketing hit is if you're lucky enough to be successful, that particular passage that an artist has to make, if he's lucky enough or she's lucky enough can be a real jarring life changing event. it can really shake you up, going from being very private to very public. >> many p
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